Tag: Kalpesh Mehta

  • Plotting big moves Tribeca ropes in Dharam Mehta to lead new estates vertical

    Plotting big moves Tribeca ropes in Dharam Mehta to lead new estates vertical

    MUMBAI: Tribeca’s next chapter is being built brick by brick, and plot by plot with a fresh new leader at the helm. Tribeca Developers, known for its luxury real estate playbook, has appointed Dharam Mehta as managing partner of Tribeca Estates, a newly launched vertical focused on plotted developments, branded villas, and hospitality-led projects. With this move, the ‘trophy property’ developer is now stepping beyond high-rises to explore high-growth real estate segments with serious momentum.

    An MBA from The Wharton School of Finance, Mehta brings with him a rich and varied track record across real estate investment, workspace strategy, and development. He’s held leadership roles at Wework India and Phoenix Workspaces and played a key role in scaling Delta Corp’s hospitality portfolio.

    Tribeca Developers founder Kalpesh Mehta said, “I am thrilled to welcome Dharam to Tribeca. His deep expertise in real estate investment and operations aligns perfectly with our expansion into plotted developments and hospitality anchored projects. Dharam’s leadership, strategic mindset, and industry insights will be instrumental in shaping this new vertical and strengthening Tribeca’s position as a leader in innovative real estate solutions.”

    On his appointment, Dharam Mehta said, “I am excited to join Tribeca at such a pivotal moment. They have set new benchmarks in luxury real estate, and I look forward to leading its entry into plotted developments. This new vertical presents immense opportunities, and I am eager to leverage my experience to create lasting value and deliver best-in-class real estate offerings.”

    As India’s demand for gated plots, weekend villas, and lifestyle-led real estate rises, Tribeca’s Estates vertical is poised to meet it with the same design-first, quality-led approach that built its name. With Mehta now in the driver’s seat, the groundwork for a new kind of real estate play is officially in motion.

  • Donald Trump, Mukesh & Nita Ambani, Kalpesh Mehta & Pankaj Bansal: What’s the connection?

    Donald Trump, Mukesh & Nita Ambani, Kalpesh Mehta & Pankaj Bansal: What’s the connection?

    MUMBAI: When the incoming president of the US invites you, you definitely have to go. The pre-swearing in inaugural festivities thrown by the to-be -President  Trump at an intimate gathering of  friends and family at Trump National Sterling in Virginia saw a handful  of Indians mark their presence. But those who really want to make a splash of it are two Indian real estate developers who are the Republican leader’s Indian partners in Trump Towers. 
     

    Mr & Mrs Trump The fireworks celebration

    We are referring to Tribeca Developers founder Kalpesh Mehta and M3M Developers managing director Pankaj Bansal who were seen hobnobbing with Trump and sharing a glass of bubbly with him.  Both Mehta and Bansal are key partners in the development of Trump Towers in India, reflecting the strong ties between Indian business leaders and the Trump Organisation. Kalpesh Mehta, the licensed Indian partner for Trump Towers, has been instrumental in bringing the Trump brand to India. They were also seen cracking a few jokes with India’s richest couple – Mukesh and Nita Ambani.  Mukeshbhai and Nitabhabi, apparently, took an overnighter on their private jet for a spin to Washington DC.

    Global leaders, including Amazon.com founder Jeff Bezos and other prominent business figures, were also in attendance.

    A nearly 20 minute firework display was watched by Trump and his wife Melania and his extended family from the balcony of his club.

    Trump’s alleged excesses have already got critics carping  about his proximity to several American billionaire friends of his who are getting crucial posts and others (one of them read crypto currency industry)  who are handing out $250 million to  the inauguration committee for spending on what is being called the most expensive inauguration  (read party) of a president in history. Other presidents have reportedly spent less than $50  million (Obama) on their inauguration spending prior to Trump who spent a massive $107 million following  his 2017 election victory.

     

    With the Trump-baiters getting their knives out even before he has got into the White House, we wonder what they will come up with after he does. We can only wait and watch.